AAPL
- Thread starter ageecee
- Start date
What's Up-my friend
You mixing owning race horses and stocks now?
Would suggest you get Seilkirk or Dooleys opinion on this also but I'll give you my 2 cents.
1st tech stockes scare me to death as they raise and fall on a whim and Apple has beta of 2.21 which would give credence to this.
(an ave beta is 1.0 so this stock is twice as volitile as ave stock)
It currently has PE in 50's which is high however on the bright side-their "projected" forward PE is in 30's which is better.
you have already accomplished the hardest part in picking a steller winner--now you job is easy--just don't give it back.
Emotion in my view (stock dropping and everyone thinking it will bouce back) would your only killer.
To take emotion out of it--simply put a stop loss on all or 1/2 of shares.
If you put stop loss to sell 1/2 shares at $170 you guarantee yourself and almost 300% profit on your $1,400 invested plus you still have 25 shares left. If that happens I'd suggest you put stop loss on remaining 25 shares @ $150--however you can keep them if some in club or still high on stock despite drop.
Stop losses are easy way to let profits run but limiting risk.
Just my opinion.
You mixing owning race horses and stocks now?
Would suggest you get Seilkirk or Dooleys opinion on this also but I'll give you my 2 cents.
1st tech stockes scare me to death as they raise and fall on a whim and Apple has beta of 2.21 which would give credence to this.
(an ave beta is 1.0 so this stock is twice as volitile as ave stock)
It currently has PE in 50's which is high however on the bright side-their "projected" forward PE is in 30's which is better.
you have already accomplished the hardest part in picking a steller winner--now you job is easy--just don't give it back.
Emotion in my view (stock dropping and everyone thinking it will bouce back) would your only killer.
To take emotion out of it--simply put a stop loss on all or 1/2 of shares.
If you put stop loss to sell 1/2 shares at $170 you guarantee yourself and almost 300% profit on your $1,400 invested plus you still have 25 shares left. If that happens I'd suggest you put stop loss on remaining 25 shares @ $150--however you can keep them if some in club or still high on stock despite drop.
Stop losses are easy way to let profits run but limiting risk.
Just my opinion.
What's Up-my friend
You mixing owning race horses and stocks now?
Would suggest you get Seilkirk or Dooleys opinion on this also but I'll give you my 2 cents.
1st tech stockes scare me to death as they raise and fall on a whim and Apple has beta of 2.21 which would give credence to this.
(an ave beta is 1.0 so this stock is twice as volitile as ave stock)
It currently has PE in 50's which is high however on the bright side-their "projected" forward PE is in 30's which is better.
you have already accomplished the hardest part in picking a steller winner--now you job is easy--just don't give it back.
Emotion in my view (stock dropping and everyone thinking it will bouce back) would your only killer.
To take emotion out of it--simply put a stop loss on all or 1/2 of shares.
If you put stop loss to sell 1/2 shares at $170 you guarantee yourself and almost 300% profit on your $1,400 invested plus you still have 25 shares left. If that happens I'd suggest you put stop loss on remaining 25 shares @ $150--however you can keep them if some in club or still high on stock despite drop.
Stop losses are easy way to let profits run but limiting risk.
Just my opinion.
Thanks Dogs for the info i didnt know i was posting in the wrong forum till i had posted this. Speaking of horses got one i claimed running in 2 weeks. Still looking to claim another one.
These stocks in the club are in for the long haul. I dont think the other members wont to even put a stop loss on them. Dont have a problem with it as we have other strong stocks in the portfolio. Were in it for the long haul but if i owned Apple myself i would definetely put a stop/loss on it. Yp over 500% on Apple and 31% on Google which we just bought 2 months ago.
Exxon
AT&T
Proctor&Gamble
Phillip Morris
Apple
We have other stocks but thats the ones i can remember us having.
